What Are Tax Havens and Why Are They Bad?

In this book review, Conor Clarke consider’s Gabriel Zucman’s new book, The Hidden Wealth of Nations: The Scourge of Tax Havens. Clarke first summarizes and explains Zucman’s central findings for a legal audience, then situates those findings against the backdrop of two long-running debates in international taxation—what
is a tax haven, and why are they bad?—before finally commenting on the prescriptions Zucman offers for battling unreported wealth.